Exam Name: Oracle Account Reconciliation 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Account Reconciliation
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Oracle 1Z0-1087-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Account Reconciliation 2021 Implementation Essentials |
| Exam Number: | 1Z0-1087-21 |
| Available Languages: | English |
| Related Certifications: | Oracle Financial Consolidation and Close Cloud Oracle Enterprise Performance Management (EPM) Certifications |
| Exam Format: | Multiple Response, Multiple Choice |
| Recommended Training: | Oracle University Training |
| Exam Registration: | Oracle Certification Registration Pearson VUE Oracle Exams |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored exam via Pearson VUE or Oracle testing platform |
| Pre Condition: | Basic knowledge of Oracle EPM Cloud or financial reconciliation processes is recommended. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1087-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Monitoring | - Reconciliation reports - Dashboard and monitoring tools |
| Topic 2: Reconciliation Configuration and Setup | - Profile and format setup - Reconciliation compliance configuration |
| Topic 3: Data Integration and Loading | - FDMEE / EPM data loading concepts - Data imports and integrations |
| Topic 4: Oracle Account Reconciliation Cloud Overview | - System architecture and components - Core concepts of account reconciliation |
| Topic 5: Reconciliation Process Management | - Reconciliation lifecycle and workflow - Period close and certification process |
| Topic 6: Transaction Matching | - Auto-match and manual match processes - Matching rules configuration |
| Topic 7: Security and Access Control | - User roles and permissions - Access control for reconciliations |
Oracle Account Reconciliation 2021 Implementation Essentials Exam FAQ — Right Direction
Through the vendor's official registration channels:
The Oracle Account Reconciliation 2021 Implementation Essentials is delivered Online proctored exam via Pearson VUE or Oracle testing platform — pick the arrangement that suits you when booking.
The Oracle Account Reconciliation 2021 Implementation Essentials is Oracle's certification exam for Oracle Account Reconciliation 2021 Implementation Essentials, at the Professional level. Capability comes first; certification displays it. Related credentials include Oracle Financial Consolidation and Close Cloud, Oracle Enterprise Performance Management (EPM) Certifications.
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The Oracle Account Reconciliation 2021 Implementation Essentials blueprint spans 7 domains — including Reconciliation Configuration and Setup, Reconciliation Process Management, Security and Access Control. Aim effort at the heavy domains first; the complete outline above lists every subtopic.
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After any course, acquire the essential content with the 80 practice questions for the Oracle Account Reconciliation 2021 Implementation Essentials — every answer expert-verified.
Basic knowledge of Oracle EPM Cloud or financial reconciliation processes is recommended. Eligibility rules change over time, so verify the current requirements on the official page (official 1Z0-1087-21 exam page) before registering.
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Oracle Account Reconciliation 2021 Implementation Essentials Sample Questions:
You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single data load.
Which tool should you use?
- A. Smart View
- B. Data Management data load rule
- C. 'Import pre-mapped balances' option in the Periods page
- D. Supplemental Data Management form
Correct Answer: B 🗳️
In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions and attachments from the prior period in the current period.
Which action should you perform?
- A. Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.
- B. In the Balance Explanations tab of the current period reconciliation, select 'Copy Transactions from Prior Reconciliation'.
- C. In the profile for Prepaid Expenses reconciliations, select 'Include Prior Period Transactions'.
- D. In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current period.
Correct Answer: C 🗳️
Which statement is true regarding the Normal Balance attribute in a profile?
- A. When it is selected, reconciliations display a warning if their balance is zero.
- B. Reconciliations display a warning if the balance type is other than expected.
- C. It is assigned automatically based on the account type.
- D. Preparers cannot save a reconciliation if the balance type is other than expected.
Correct Answer: B 🗳️
Which property of profiles is set automatically when you select the format for the profile?
- A. Process
- B. Method
- C. Normal Balance
- D. Account Type
Correct Answer: D 🗳️
Which three fields are required in a load file for pre-mapped balances?
- A. Entity
- B. Amount
- C. Currency Code
- D. Currency Bucket
- E. Period
- F. Reconciliation ID
Correct Answer: B,C,F 🗳️
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